180 Oak Park Ave
Woodbine-Lumsden, Scarborough, M4C 4M8
FOR SALE
$599,000
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BEDROOMS2
BATHROOMS1
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Property Description
In an area where top-ups and new replacement construction is rampant, where values have remained resilient to downward pressures, in a community that families have preferred for a friendly vibe close to the Danforth Mosaic, Taylor Creek, the DVP and Stan Wadlow Park, is one of the best opportunities for builders, flippers or families that want to score a dream.This dream takes many forms and has lots to offer everyone. A flipper or buyers on a budget, may have a more modest vision of this property and may want to take advantage of all the site preparations and character the home provides. A builder will take advantage of the Data Room and all the due diligence, research and costs invested on the path to transforming this property into a new, larger, smarter detached home. And for the family that's thinking about the environment they are passing onto their children, plus the comfort and cost savings of a Passive Home, you have found your match! Topo Survey, Survey, Grading Plan, Tree Release, Engineering Services, Energy Audits, Hvac Drawings, Engineering and Architectural Drawings and Documentation required for Permits. Although there are no warrantees, it is evident the depth and quality of all this work is of enormous value. Rates are dropping, builders are keen, the time is right to build your Dream Home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-05 | 2024-01-08 | 3 | $849,000 | $819,000 | Sold |
| 2023-09-27 | 2023-12-31 | 95 | $849,000 | - | Expired |
| 2023-06-02 | 2023-08-31 | 90 | $949,000 | - | Expired |
Extras
The attached Feature List will outline the documentation found in the Data Room and summarize the current property. Offers are Monday Sept 30th at 2PM.
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
700-1100
Lot Size
25' x 100'
Fronting
West
Taxes
$4,177 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.84' x 14.34' | Window, Unfinished |
| Dining | Main | 12.34' x 14.34' | Open Concept, Combined W/Kitchen, Unfinished |
| Kitchen | Main | 12.34' x 14.34' | Open Concept, Combined W/Dining, Unfinished |
| Prim Bdrm | 2nd | 11.35' x 12.83' | Window, Closet, Unfinished |
| 2nd Br | 2nd | 9.15' x 11.71' | Window, Closet, Unfinished |
| Laundry | Bsmt | 6.56' x 9.02' | , Unfinished |
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Scarborough Market Statistics
Scarborough Price Trend
180 Oak Park Ave is a 2-bedroom 2-bathroom home listed for sale at $599,000, which is $558,304 (48.2%) lower than the average sold price of $1,157,304 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $69,911 (6.4%) compared to the previous 30 day period (July 29 - August 27) and up $99,715 (9.4%) from the same time one year ago.Inventory Change
There were 236 2-bedroom homes listed in Scarborough over the last 30 days (August 28 - September 26), which is up 62.8% compared with the previous 30 day period (July 29 - August 27) and up 5.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $8,895 (0.8%) above asking price over the last 30 days (August 28 - September 26), which represents a $5,557 increase compared to the previous 30 day period (July 29 - August 27) and $29,302 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Scarborough over the last 30 days (August 28 - September 26) stood at 41.5%, down from 69.0% over the previous 30 days (July 29 - August 27) and up from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 14 days when successfully sold over the last 30 days (August 28 - September 26), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd.
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